Daily News Energy Headlines from April 19, 2016

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
Supreme Court Rules Against Maryland Natural Gas Power Plant Subsidies - The Supreme Court issued an 8-0 ruling against Maryland's plans to subsidize construction of new natural gas-fired power plants, saying that it infringed on the U.S. Federal Energy Regulatory Commission's authority to regulate interstate wholesale electricity markets.

Big Wyoming Windfarm Wins Preliminary BLM Support, Waits for Fish & Wildlife Service - A huge proposed windfarm in Wyoming took a step forward last month when the U.S. Bureau of Land Management (BLM) (Washington, D.C.) said Phase I of the proposed Chokecherry and Sierra Madre Windfarm would not have a significant impact on the environment. Phase I of the project calls for a 1,500-megawatt (MW) windfarm to be built south of Rawlins, Wyoming, at a cost of about $2.6 billion.

PRODUCTION
Exxon Starts Oil Production in Julia Oil Field in Gulf of Mexico - Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) announced on Tuesday that it has started crude oil production at its Julia oil field in the Gulf of Mexico, approximately 265 miles southwest of New Orleans. The first production well is online, with the second scheduled to begin production in the coming weeks.

LNG
Chevron Lines Up Contract for Australia's Wheatstone LNG Plant - Chevron Corporation (NYSE:CVX) (San Ramon, California) has announced that it has agreed to sell 20 petajoules of gas for seven years from its Wheatstone liquefied natural gas (LNG) project in Australia to Alinta Energy in Western Australia. The contract represents 27% of Wheatstone's output.

NATURAL GAS
Warmer Weather Causes Upturn in Gas Prices - U.S. natural gas futures for May delivery were up 14.8 cents or 7.6% on Tuesday on a U.S. government weather model that forecast above-normal temperatures for the Midwest and Mid-Atlantic next week.

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Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.